Within walking distance to the popular Fishers District, Slate at Fishers District is the only villa-style housing in the vicinity. The 242-unit multifamily development with private patios and first-floor entries earned a 2024 CoStar Impact Award for multifamily development of the year, as judged by real estate professionals familiar with the market.
Located along USA Parkway in Fishers, Indiana, Slate at Fishers District was quick to the market, starting construction in November 2021, preleasing in January 2023 and adding its first residents in May of the same year. The apartment development is still under construction, with a current occupancy rate of 41% and preleased at 55%.
The 25-acre community features high-end amenities and resort-style features. It is located within Hamilton County, ranked as the fastest-growing county in Indiana. The development is also near high-end retail, including the Fashion Mall at Keystone, Castleton Square Mall and Hamilton Town Center.
About the Project: The four-star development, owned by Thompson Thrift and located at 11255 Slate Stone Drive, is expected to be fully completed in April.
What the Judges Said: "Walkable to Fishers District and all their eateries. Also, the villas are very unique with private patios," said Premier Commercial TCN Worldwide Principal Pete Alveal.
They Made It Happen: Thompson Thrift's Scott Heustis, Steve Shaver, Matt Settles, JL Thompson, Sarah Hanlin and Maria Anas took part in this development.
CoStar Market Manager Darius Anderson contributed.